US Bond Market Week In Review: We're Now At The Top End Of The Natural Rate Of Interest
March 20, 2017 at 11:24 AM EDT
Personal consumption expenditures rose 3% Q/Q in the 2nd revision to 4Q GDP. While retail sales rose .1% in the latest report, they increased a healthy 5.7% Y/Y. Both of these measures of consumer demand continue to proceed in strong uptrends.